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14930 SE 2ND LANE
About This Property
The property includes a storage shed and plenty of room for outdoor activities, gardening, or additional improvements. Utilities include well, septic, and electric, providing independence from city utility costs.
Conveniently located just minutes from Williston, and within driving distance to Gainesville and Ocala, this property also offers easy access to several of North Florida's famous natural springs including Devil's Den Prehistoric Spring and Blue Grotto Dive Resort.
With no HOA and plenty of space to enjoy the Florida countryside, this property offers a great opportunity for buyers looking for affordable acreage. Being sold AS-IS.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017